Service Properties Trust (SVC) News

Service Properties Trust (SVC): $12.43

0.03 (+0.24%)

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SVC News Highlights

  • For SVC, its 30 day story count is now at 4.
  • Over the past 23 days, the trend for SVC's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
  • The most mentioned tickers in articles about SVC are DRH, HLT and MAR.

Latest SVC News From Around the Web

Below are the latest news stories about Service Properties Trust that investors may wish to consider to help them evaluate SVC as an investment opportunity.

Service Properties Trust First Quarter 2021 Conference Call Scheduled for Monday, May 10th

Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its first quarter 2021 results after the Nasdaq closes on Friday, May 7, 2021. On Monday, May 10, 2021 at 10:00 a.m. Eastern Time, President and Chief Executive Officer John Murray, Chief Financial Officer Brian Donley and Chief Investment Officer Todd Hargreaves will host a conference call to discuss these results.

Yahoo | April 9, 2021

Service Properties Trust and Hyatt Agree to Extend Termination Date

Service Properties Trust (Nasdaq: SVC), or SVC, today announced that it has reached an agreement with a subsidiary of Hyatt Hotels Corporation, or Hyatt, to extend the termination date of the management agreement for 22 Hyatt Place hotels to May 22, 2021, versus April 8, 2021, previously. SVC and Hyatt remain in discussions regarding possible changes to the management agreement which may enable some or all of the hotels to remain Hyatt Place hotels managed by Hyatt.

Yahoo | April 8, 2021

10 Biggest Hotel Companies and REITs

With Marriott International leading the pack, these are the 10 biggest hotel companies and REITs by 12-month trailing revenue.

Yahoo | April 8, 2021

Top Hotel Stocks for Q2 2021

The hotel industry is focused on the provision of short-term lodging, including hotels and motels, as well as accommodation-related services. The hotel industry is split into two main categories of companies: C-corporation hotels, such as Marriott International Inc. (MAR) and Hilton Worldwide Holdings Inc. (HLT); and hotel real estate investment trusts (REITs), like DiamondRock Hospitality Co. (DRH) and Park Hotels & Resorts Inc. (PK). C-corp hotels generally are engaged in hotel management, branding and marketing, and sometimes franchise licensing.

Yahoo | March 17, 2021

Do Institutions Own Service Properties Trust (NASDAQ:SVC) Shares?

If you want to know who really controls Service Properties Trust ( NASDAQ:SVC ), then you'll have to look at the makeup...

Yahoo | March 2, 2021

Service Properties Disappoints With 4Q Revenues, FFO Loss

Service Properties Trust posted disappointing 4Q results, wherein it reported an FFO (Funds From Operation) loss per share. Moreover, revenues fell short of analysts' estimates. Shares of the real estate investment trust fell about 2% in Friday’s extended trading session. Service Properties (SVC) posted a FFO loss of $0.14 per share, compared to the prior-year period’s FFO earnings of $0.92 per share. Analysts were anticipating FFO earnings of $0.10 per share. Moreover, adjusted EBITDA for real estate (EBITDAre) declined 71.4% year-over-year to $65 million reflecting the negative impact of the COVID-19 pandemic. Revenues declined 53.5% year-over-year to just over $270 million and missed the Street’s estimates of $286.5 million.

Amit Singh on TipRanks | March 1, 2021

Service Properties Trust (SVC) Q4 2020 Earnings Call Transcript

Joining me on today's call are John Murray, President; Brian Donley, Chief Financial Officer; and Todd Hargreaves, Chief Investment Officer. Today's call includes a presentation by management, followed by a question-and-answer session with analysts.

Yahoo | March 1, 2021

Service Properties Trust to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / March 1, 2021 / Service Properties Trust (NASDAQ:SVC) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on March 1, 2021 at 10:00 AM Eastern Time.To listen to the event live or access a replay of the call - visit https://www.

Yahoo | March 1, 2021

Service Properties Trust Announces Fourth Quarter 2020 Results

Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended December 31, 2020.

Yahoo | February 26, 2021

Service Properties Trust Completes Transfer of 78 Hotels to Sonesta

Service Properties Trust (Nasdaq: SVC), or SVC, today announced that it has completed the transition of branding and management for 78 hotels to subsidiaries of Sonesta International Hotels Corporation, or Sonesta, from Marriott International, Inc., or MAR. Ten additional hotels are expected to transition to Sonesta by the end of March.

Yahoo | February 12, 2021

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